Entertainment

Facebook Looking to Raise More Money

Facebook is looking to raise yet more money to support growth and possibly acquisitions, says Kara Swisher of Boomtown.

Existing investors include Accel Partners, Greylock Partners and Meritech Capital Partners, and Microsoft could potentially be part of the next round based on the existing deal they have with Facebook to serve ads. The investment would possibly be larger than the $25 million raised back in 2006, with a multi-billion dollar valuation for the company.

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